Dollar initially surged after Fed decided to double tapering pace and indicated there could be as many as three rate hikes next year. Nevertheless, the rally attempted was choked off by strong risk-on rally in stocks. Investors seemed to be relieved that firstly, Fed is still cautious on the developments with Omicron. Secondly, the uncertainty […]
The post Dollar’s Post FOMC Rally Choked Off by Risk-On Sentiment; ECB, BoE and SNB Next appeared first on Action Forex.